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As mentioned in our previous article, e-commerce has completely changed the face of commerce. The world is in a continuous transformation and the most important factors to influence success are time and information. This is what the best performing companies do: give as much information as possible about their products through all the existing channels and ensure a rapid delivery. That’s why e-commerce companies had to adapt to customers’ expectations and find new distribution channels. Innovation and agility are essential for success in business.

Even since its beginning, e-commerce has transformed the way stores sell their products and how buyers buy them. Let’s consider the following figures:

If cloud architecture were a human being, then it would be in its teens. Companies are still undecided about migrating to the cloud, because the cloud security related opinions are very divided, making cloud's image quite insecure. Consciously or not, we all use (more or less) cloud services. Only when it comes to sending sensitive data in the cloud, we begin to question their safety.

Established in 1936, Transilana is a worsted spinning mill, with an annual production of 750 to 800 tons, 150 employees and a 6,5 million Euro turnover. Experience and tradition led Transilana to be one of the leaders in this industry nationwide, with the widest offer of high-level products. This was possible thanks to a constant investment program, a permanent preoccupation for an efficient organization of production and not lastly the employees innovative efforts.

The end of the year is the ideal time for making major decisions for next year. For CFOs in particular it is the best time to analyse the results, make strategic plans, evaluate what worked and what did not , and align the resources with the business objectives.

Socrate Plus is an integrated management system developed by BITSoftware since 1994 and implemented in dozens of Romanian companies in distribution, retail and FMCG. The solution has been enriched every year with new features for ease of use and to give customers the opportunity to become more efficient. The new version comes with new features in the area of ​​logistics, contract management , document traceability, press distribution and with a friendlier and more flexible user interface. Our purpose is to make the information more accessible and reduce time spent on daily operational activities, allowing users to focus on activities that add value to the company.

A distributor’s activity seems as simple as buying and selling products. Yet, this simplicity is more complicated than it might seem. Distribution is a continuous fire activity, with constant need of stock and client orders information.

Daily analysis is needed on staff performance, receiving orders and collecting payments. Stocks need to be analysed daily, as well as supplier orders. Similarly, distributors have to analyze sales by divisions or brands, in order to find the best products combination to generate a maximum of profit. An income and expenses review must be an on-going activity. There are several costs to be monitored: handling charges, storage, car park costs, as well as salaries, contributions and other taxes. All these are the “ingredients” of an average day in a distribution company. Other specific issues to be addressed are increasing billing efficiency through information quality and human error elimination.

Some key-elements such as inventory tracking and its migration rate, supply and on-time deliveries are critical in distribution and, if not managed properly, they might cause trouble. This usually happens when a poorly trained sales force carelessly manages a client-product mix review.

A distributor’s activity seems as simple as buying and selling products. Yet, this simplicity is more complicated than it might seem. Distribution is a continuous fire activity, with constant need of stock and client orders information.

Daily analysis is needed on staff performance, receiving orders and collecting payments. Stocks need to be analysed daily, as well as supplier orders. Similarly, distributors have to analyze sales by divisions or brands, in order to find the best products combination to generate a maximum of profit. An income and expenses review must be an on-going activity. There are several costs to be monitored: handling charges, storage, car park costs, as well as salaries, contributions and other taxes. All these are the “ingredients” of an average day in a distribution company. Other specific issues to be addressed are increasing billing efficiency through information quality and human error elimination.

Some key-elements such as inventory tracking and its migration rate, supply and on-time deliveries are critical in distribution and, if not managed properly, they might cause trouble. This usually happens when a poorly trained sales force carelessly manages a client-product mix review.

SocrateCloud for distribution helps you manage all operational flows, from supply need to supplier invoices, supplier orders, payments, performant warehouse management, eCommerce for distribution through online channels, financial management and accounting, customer relationship management and business analysis and reporting.

SocrateCloud is the complete solution that covers all functionalities necessary to distribution companies, regardless of size or complexity of performed activities. Designed for modern businesses, cloud based, SocrateCloud is scalable, flexible, and adaptable and frees you from the upfront capital costs (infrastructure), offering a predictable pay as you go subscription model that makes cash flow management and planning much easier. The cloud infrastructure provides best data privacy, security and availability.

We invite you tomorrow, October 7, to our SocrateCloud for Distribution & Logistics or How to choose wisely in order to grow your business presentation which will take place at 12:15 on Business Software Stage at IMWorld to find out about the advantages of using our solution to optimize your distribution process.

We support your business performance! Please visit our website http://www.socratecloud.eu/socratecloud-platform-erp-for-distribution/ for more information or email us at sales@bitsoftware.ro

Uber is evolving the way the world moves and how people move through the city. Everything was possible with a (seemingly) simple application that can be installed on any smartphone and connects drivers and customers, making transportation more accessible in the city. At the same time, it opens more opportunities for drivers to open their own business.

This is the 3rd year in a row that BITSoftware participates at Internet & Mobile World, the largest B2B expo-conference presenting IT, digital, marketing, e-commerce and mobile solutions. For two days, the Central Pavilion at Romexpo will be the main focus for over 7000 participants.

Did you know that you can now be the beneficiaries of a 200.000 EURO grant for implementing a business management software solution? Private companies, as well as public institutions, have 532 million EURO at their disposal by 2020 for IT&C projects. The total amount of EU funds allocated for 2015 is over 57 mil. EUR nationally, and the deadline for proposals submission is October,30 2015.